The relationship between R&D and productivity growth in Canada and other major industrialized countries / Pierre Mohnen. : EC22-191/1992E-PDF

"This study has three parts. The first part clarifies the conceptual link between R&D and productivity growth and surveys the empirical literature on this topic. The analysis tries to answer three specific questions: What are the social and private rates of return on R&D? Are they sensitive to the way they are estimated? Do the results differ across industries and countries? The second part presents the results of a new empirical study of R&D conducted abroad and how that R&D spills over into the Canadian manufacturing sector and affects productivity. The respective contributions of own and imported R&D are also assessed and compared. The conclusion presents a discussion of policy recommendations in the light of the evidence gathered concerning the role of R&D in productivity growth"--Summary, page ix.

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